Corporations Act 2001

CHAPTER 5C - MANAGED INVESTMENT SCHEMES  

PART 5C.7 - RELATED PARTY TRANSACTIONS  

SECTION 601LB   601LB   REPLACEMENT SECTION 207  
Chapter 2E applies as if section 207 were replaced by the following section:

207 Purpose  
The rules in this Chapter, as they apply to a registered scheme, are designed to protect the interests of the scheme's members as a whole, by requiring member approval for giving financial benefits to the responsible entity or its related parties that come out of scheme property or that could endanger those interests.